Jason Zhao, co-founder of mental property blockchain mission Story Protocol, is stepping away from his full-time function after greater than three years of constructing the platform.
Zhao introduced by way of a social media publish that he’ll stay as a strategic adviser whereas turning his focus to a brand new AI initiative, Poseidon, which applies synthetic intelligence to frontier industries corresponding to science, biopharma, robotics, and house.
After 3.5 years constructing Story from scratch, I’m stepping out of my full-time function. I’ll keep intently concerned as a strategic advisor.
Whereas incubating Poseidon, I rekindled my authentic ardour from my DeepMind days: making use of AI to frontier industries like science and house.… pic.twitter.com/fd8J0c9uSO
— Jason Zhao (@jasonjzhao) August 16, 2025
“Language era is simply the preliminary wave of a cascade of considerable intelligence throughout fields… that, if profitable, will represent a brand new Industrial Revolution,” Zhao mentioned in a publish on X.
Zhao launched Story Protocol in 2021 as a method to make mental property “programmable,” enabling rights holders to register and monetize content material instantly on-chain.
The mission has since secured greater than $130 million in enterprise funding from backers, together with a16z.
Management will now move totally to co-founder SY Lee as CEO, alongside Andrea as chief product officer and Sandeep as chief AI officer.
Zhao mentioned he’ll stay near Story by means of partnerships and funding, calling the mission “essentially the most significant expertise of my life.”
Story Protocol’s token, IP, is buying and selling above $5.80, up 2% on-day.
